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Transactions

Jul. 27, 2004

Outsourcing Firms Will Merge for $690 Million in Stock

Human resources outsourcing and consulting firm Hewitt Associates Inc. has agreed to merge with Irvine-based Exult Inc. for $690 million in stock.

By Megan Thorpe
        Human resources outsourcing and consulting firm Hewitt Associates Inc. has agreed to merge with Irvine-based Exult Inc. for $690 million in stock.
        Exult provides human resources business process outsourcing, managing such functions as recruiting, payroll and employee transfers for Global 500 companies like Bank of Am...

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